Toncoin (TON) Price Prediction: Toncoin Holds $2.75 Support While Eyeing $3.70 Breakout

The post Toncoin (TON) Price Prediction: Toncoin Holds $2.75 Support While Eyeing $3.70 Breakout appeared on BitcoinEthereumNews.com.

Toncoin price is holding firm above the crucial $2.75 support level, fueling hopes of a breakout as traders set their sights on the $3.70 mark. After weeks of sideways movement, Toncoin (TON) is showing signs of renewed strength on the charts. Accumulation since early 2025, coupled with improving technical indicators, has kept the bullish setup intact. Investors are closely watching whether this momentum can push Toncoin toward the next key resistance levels in the coming sessions. Bullish Setup Remains Intact Analysts highlight that the Toncoin bullish structure is still intact. The $2.75 level has emerged as a strong support zone, and if it holds, the bottom is already in place. This foundation has provided traders with confidence to consider long positions, as downside risks remain limited in the near term. Toncoin (TON) maintains its bullish momentum above $2.75 support, with accumulation signaling potential upside toward $3.70, $4.60, and $6.00 in the coming weeks. Source: KlejdiCuni on TradingView Immediate support lies at $3.00, while resistance builds around $3.27. A sustained push above that resistance could open the path toward higher levels, particularly if market volume improves. Accumulation Phase Since February 2025 Toncoin has been in an accumulation phase since February 2025, with long-term investors gradually positioning themselves. This slow but steady build-up has kept prices relatively stable while preventing sharp corrections. Such accumulation often precedes stronger upward moves, particularly when supported by broader market catalysts. Patience remains key for traders and investors. The market could continue consolidating within the current range before a breakout materializes. Harmonic Move and Technical Signals Another factor supporting the bullish outlook is the harmonic upward move completed near $2.75. Harmonic patterns often mark turning points in markets, signaling potential continuation of the trend. In Toncoin’s case, the completion of this pattern adds weight to the argument…